SINGAPORE (Mar 7): CIMB is optimistic on Memtech International projects from new customers like Tesla, Beats and Bose giving earnings a boost. The research house is also raising its target price to $1.76, based on 12 times FY19 earnings from 10 times previously. "We think Memtech deserves to trade a...

SINGAPORE (Mar 5): DBS's windfall dividend was the most "exciting" event over the two months of earnings reporting, says CIMB, given 4Q17 was not an impressive quarter for Singapore stocks. However, CIMB is still "overweight" on banks gong forward as they seem most defensive, trading at mean of CY18...

SINGAPORE (Feb 22): Sunningdale Tech says that its 4Q17 earnings have dropped 64% to $7.75 million compared to $21.5 million in 4Q16. This brings FY17 earnings to $31.4 million, 19.7% lower than $39.1 million recorded in FY16. Revenue for the quarter came in at $187.0 million, 1.6% higher than $184....

SINGAPORE (Feb 22): Here are some stocks that could move the market this Thursday morning: Sembcorp Marine announced a loss of $33.8 million for 4Q17, compared to earnings of $34.3 million a year ago, as revenue fell 21.1% to $655.0 million and costs increase. Shares in SMM closed flat at $2.63 on W...

SUNNINGDALE on Thursday posted a 64 per cent drop in fourth-quarter earnings on the back of a foreign exchange loss and retrenchment costs.